Elanders AB: Quarterly Report January - June 2018

Molndal, SWEDEN, Jul 13, 2018 - (ACN Newswire) - Quarterly Report January - June 2018

First six months
- Net sales increased by 14 percent to MSEK 5,035 (4,403), whereof 11 percentage units were organic growth.
- EBITA amounted to MSEK 199 (214).
- The operating result amounted to MSEK 167 (182).
- The result before tax amounted to MSEK 120 (143).
- The net result amounted to MSEK 76 (107) or SEK 2.10 (3.02) per share. The result includes a one-off deferred tax cost of around MSEK 11, when deferred tax assets were reevaluated using the new corporate tax rate in Sweden.
- Operating cash flow increased to MSEK 92 (-113).

Second quarter
- Net sales increased to MSEK 2,613 (2,264), which was an increase of 15 percent, whereof 10 percentage units were organic growth.
- EBITA increased to MSEK 116 (108), which was an improvement in the result by 7 percent.
- The operating result increased to MSEK 100 (93).
- The result before tax increased to MSEK 74 (73).
- The net result amounted to MSEK 42 (54) or SEK 1.15 (1.52) per share. The result includes a one-off deferred tax cost of around MSEK 11, when deferred tax assets were reevaluated using the new corporate tax rate in Sweden.
- Operating cash flow increased to MSEK 127 (47).

Further information can be found on Elanders' website www.elanders.com or requested via e-mail info@elanders.com.

Questions concerning this report can be addressed to:

Magnus Nilsson
President and CEO
Phone: +46 31 750 07 50

Andreas Wikner
Chief Financial Officer
Phone: +46 31 750 07 50

Elanders AB (publ)
(Company ID 556008-1621)
Flojelbergsgatan 1 C
431 35 Molndal, Sweden
Phone: +46 31 750 00 00

This information is information that Elanders AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 08:00 CET on 13 July 2018.

Attachment
2018-07-13 Elanders Press release Q2 2018 https://bit.ly/2mfucsH

 
Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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